Tag: gdp

High frequency indicators point to recovery: RBI

All high frequency indicators point to a recovery based on a revival of consumption, but private investment is lagging despite a growth promoting budget, according...

GDP in positive trajectory a promising sign: India Inc

India Inc on Friday said the recouping of the country’s economy to a positive trajectory in the third quarter is a promising sign as it...

Staying on track amid a pandemic, says Economic Adviser Rajiv Mishra

The Economic Survey chapter on ‘State of the Economy (SOE) 2020-21 – A Macro View’ is a fluent narrative of the Indian economy in a...

Economic survey: Gap between resource availability, requirement pose challenge in NDC implementation: Eco Survey

New Delhi: A huge gap between resource availability and the requirement poses a major challenge in timely implementation of India’s Nationally Determined Contribution (NDC) goals,...

Budget could allocate 12-14% more for spending

NEW DELHI: The government is likely to be less tightfisted with spending in the upcoming budget as it’s keen to support the economic recovery, said...

Follow China, Bangladesh’s cue or try something new? Here’s a budget idea to settle the growth debate

Economic comparisons between India and its bordering countries have generally yielded a fixed hierarchy of the top three rankings in the last couple of years...

Budget 2021: Dear FM, forget the deficit. Spending is the only way out of this crisis

After hesitating for nearly six months, GoI now appears to have decided to speed up spending. Government spending, which had remained flat till September, surged...

GDP may clip at just 6 pc in FY22 if vaccine distribution is delayed: BofA Securities

A delay in COVID-19 vaccine distribution could impact GDP growth prospects in the next fiscal year and the Reserve Bank may cut policy rates by...

Xi Jinping: View: Good riddance to Trump but the real threat to world health, security is Xi Jinping

On January 20, Biden will be sworn in and Trump will join the ranks of former presidents like Obama, George W Bush, Bill Clinton and...

How Nirmala Sitharaman can make Budget 2021 a stepping stone to Modi’s $5-trillion GDP dream

Will the Indian economy cross the $5-trillion mark? It is like asking if the sun will rise tomorrow. The real question is: when? Belying many...

India fiscal deficit could widen to 8.6% in FY21: Nomura

Mumbai: With several statements by finance minister Nirmala Sitharaman hinting towards an expansionary federal budget, brokerage house Nomura on Wednesday forecasted that India’s fiscal deficit...

Un-organised sector suffered more than what Q1 and Q2 data captured: Pronab Sen

Pronab Sen, economist and former chief statistician of India, tells Shantanu Nandan Sharma that use of proxies and surveys for calculating the productivity of informal...

gdp: Why Q2 GDP print should not make govt & RBI complacent

Second quarter GDP data officially confirmed the Indian economy is in a technical recession. The economy contracted by 7.54 per cent in Q2FY21 compared with...

gdp: View: The added burden of taxes, the aspect that went almost unnoticed in Q2 GDP narrative

By the time you read this, you would already have digested the major implications of the latest data on economic growth, released on Friday: the...

India’s economy seen clawing back after slipping into recession

Concern about the depth of India’s recession is slowly being replaced by optimism that a recovery is taking hold. A slew of indicators from car...

Combined fiscal deficit to cross 13%; govt debt to jump over 80% this year: Report

The pandemic-induced growth contraction and additional spending to support the needy amounting to a little over 2 per cent of the economy are likely to...

China economy: China’s economic growth seen hitting 44-year low in 2020, bounce 8.4% in 2021: Poll

BEIJING: China‘s economy is expected to grow at its weakest pace in over four decades even as it steadily recovers from a coronavirus-induced dive earlier...

Global stocks jump after Pelosi sets Tuesday deadline for US stimulus vote; China posts strong economic data

Global stocks jumped on Monday, after Democrat House Speaker Nancy Pelosi set an end-Tuesday deadline to reach an agreement on the US coronavirus stimulus plan....

July-September GDP expected to contract by about minus 9%: Deutsche Bank

A lot of things are expected from RBI and the market is eagerly waiting for the announcement of the three external MPC members as well...

The UK economy shrank more than it has done in 65 years, plunging 19.8% in the second-quarter

TOLGA AKMEN/Getty The UK economy posted a record contraction in the second quarter of the year, with gross domestic product plunging 19.8% between the...

UK GDP collapsed nearly 20% in Q2 in historic Covid hit

LONDON: Britain suffered a record collapse in economic output in the second quarter of 2020 when COVID-19 lockdown measures were in force and people had...

The OECD warns the world economy will collapse by 4.5% this year, in its worst slowdown since World War Two

SOPA Images/Getty The world economy will collapse by 4.5% this year despite a swift recovery from the COVID-19 pandemic, according to the Organization for...

GoI’s plan to conserve resources for a future stimulus is self-defeating, says Raghuram Rajan

By Raghuram Rajan The recently released quarterly GDP growth numbers for the first quarter of FY2020-21 should alarm us all. The 23.9% contraction in India...

Slow pay growth adds to hurdles in way of India’s recovery even as joblessness eases

By Vrishti Beniwal Joblessness may be easing in India as the economy gradually reopens from the world’s biggest lockdown, but wage growth remains subdued —...

India GDP forecast: Indian economy expected to contract by around 25 per cent in the first quarter of FY’21: Report

MUMBAI: The economy is expected to contract by 25 per cent each in the first quarter of FY’21 both in terms of GDP ( gross...